For the Quarter Ending September 2023
North America
In the third quarter of 2023, the North American market experienced a slightly bullish trend in BOPP Films prices, witnessing an increase of approximately 3.5%. This uptick was primarily driven by a surge in the costs of the raw material, Polypropylene, which escalated by over 2% in the region. The demand from the downstream packaging industry remained steady, but local purchasing sentiments were constrained due to the Federal…
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Added by Ganesh Kumar on December 4, 2023 at 3:46am —
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For the Quarter Ending September 2023
North America:
In the third quarter of 2023, Polyalphaolefin (PAO) prices in the North American market demonstrated relative stability, experiencing only minor fluctuations within a narrow price range. Although there was a slight decline in prices during the first and last months of the quarter, the second month saw an increase. This decrease is attributed to factors such as reduced demand from the lubricant sector, a global economic…
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Added by Ganesh Kumar on December 1, 2023 at 7:16am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, Neopentyl Glycol (NPG) prices in the North American market remained relatively stable, showing only minor fluctuations within a narrow range. Prices saw slight increases during the quarter, driven primarily by tight supply conditions and a global upturn in upstream crude oil prices. Despite this, the demand for NPG from the paints and coatings industry, a significant downstream sector, exhibited a…
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Added by Ganesh Kumar on December 1, 2023 at 7:16am —
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For the Quarter Ending September 2023
North America:
In the third quarter ending September 2023, the Nitric Acid market in North America experienced a marginal fluctuation of 2.6%. Prices initially declined for the first two months due to reduced demand from the fertilizer industry, compounded by lower prices of key feedstocks such as Ammonia and Nitric Oxide. However, insights from US management revealed low inventory levels of Nitrogenous products at the start of the month,…
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Added by Ganesh Kumar on December 1, 2023 at 7:15am —
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For the Quarter Ending September 2023
North America
During the third quarter, Glyoxylic Acid prices in the North American region experienced mixed sentiments. Although there was an initial increase in prices, a marginal decline of 1.2% occurred in August and September 2023. The rising cost of essential feedstock Nitric Acid, a key component of Glyoxylic Acid, along with tight supply and strong demand from domestic and international markets, exerted upward pressure on prices.…
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Added by Ganesh Kumar on December 1, 2023 at 7:15am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the Vinyl Chloride Monomer (VCM) market in North America faced a significant price decline. This was driven by weakened international demand, an excess of stock, and a consistent decrease in offers during the initial half of the quarter. The sluggish overseas buying interest and subdued local market activity contributed to this trend. The decline in North American VCM prices was further aggravated…
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Added by Ganesh Kumar on December 1, 2023 at 7:15am —
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For the Quarter Ending September 2023
North America
In the quarter ending September 2023, Polyvinyl Chloride (PVC) prices in North America showed positive momentum, predominantly influenced by limited stock availability. August 2023 witnessed a notable supply squeeze in the United States PVC market due to planned shutdowns and maintenance at major PVC plants. This resulted in a price hike, sparking concerns about volatility. Key players affected included Formosa Plastics,…
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Added by Ganesh Kumar on November 30, 2023 at 4:53am —
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For the Quarter Ending September 2023
North America:
During the quarter ending in September 2023, the EDC market in North America experienced a notable price decline, attributed to weakened international demand and an oversupply of stock. The initial half of the quarter witnessed a steady decrease in offers, driven by subdued overseas buying interest and subdued local market activity. Plant shutdowns in downstream PVC-producing units during August further intensified the…
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Added by Ganesh Kumar on November 30, 2023 at 4:38am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the monoethylene glycol (MEG) market in North America witnessed a downturn. This decline was driven by diminished demand from downstream sectors such as Polyester, Polyethylene Terephthalate (PET), and a negative shift in consumer sentiments. The reduction in export orders, influenced by high inflation impacting consumer confidence, led to decreased consumer spending. Additionally,…
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Added by Ganesh Kumar on November 30, 2023 at 4:10am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the Hydrochloric Acid market in North America witnessed a mixed trend. The initial part of the quarter was characterized by stability, driven by modest demand from the household cleaning sector, while reduced consumption in the steel industry dampened overall demand. Downward pressure on the US steel market was further exacerbated by limited export orders. Despite these challenges, inventory levels…
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Added by Ganesh Kumar on November 30, 2023 at 3:56am —
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For the Quarter Ending September 2023
North America
The Diethylene Glycol market in North America experienced price volatility during the third quarter of 2023, influenced by diminished consumption in downstream industries. Lackluster demand for polyester resin and plasticizer characterized the first half of the quarter, weakening the Diethylene Glycol market. However, in the latter part of the quarter, there was a surge in Diethylene Glycol market activity. This was prompted by…
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Added by Ganesh Kumar on November 30, 2023 at 3:38am —
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For the Quarter Ending September 2023
North America:
In the third quarter of 2023, the cost of Sodium Silicate in North America saw a decline, as reported by ChemAnalyst. The United States manufacturing sector faced persistent challenges during this period, marked by a significant drop in new orders and subdued domestic demand from the construction industry. This challenging business environment resulted in substantial reductions in inventory as companies scaled back their…
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Added by Ganesh Kumar on November 30, 2023 at 3:26am —
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For the Quarter Ending September 2023
North America:
In the third quarter of 2023, the cost of Potassium Silicate witnessed a downward trajectory, as reported by the ChemAnalyst. The manufacturing sector in the United States encountered persistent challenges during this period, characterized by a notable decrease in new orders and subdued domestic demand from the construction industry. This challenging business environment prompted companies to scale back procurement activities,…
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Added by Ganesh Kumar on November 29, 2023 at 4:49am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the United States witnessed a notable decline in Vitamin C prices, as CFR values dropped from $3750/mt to $3490/mt between July and September. This decline marked a challenging conclusion to the quarter, primarily attributed to significantly reduced end-user demand and an abundant supply available to meet the overall demand in the US vitamin C market. Throughout the quarter, the Federal Reserve…
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Added by Ganesh Kumar on November 29, 2023 at 4:30am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the North American Palm Oil market closely followed trends in the APAC region, maintaining an optimistic trajectory. The region experienced consistently positive prices, fueled by increased demand in the downstream sector and heightened inquiries from the local market. Notably, a substantial reduction in inventory levels contributed to strong purchasing sentiments. Furthermore, transportation costs…
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Added by Ganesh Kumar on November 29, 2023 at 4:14am —
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For the Quarter Ending September 2023
North America
In the North American region, Palm Kernel Oil (PKO) prices exhibited a volatile market trend. Initially, at the onset of the third quarter of 2023, prices experienced an upswing despite moderate import activities and limited supplies from major exporters, notably Malaysia, a significant player in Palm Kernel Oil production. This disruption influenced the overall market trend until April 2023. As the third quarter…
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Added by Ganesh Kumar on November 29, 2023 at 3:44am —
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For the Quarter Ending September 2023
North America
The third quarter of 2023 witnessed fluctuating sentiments in the rapeseed oil market in North America, particularly in the US. Prices initially surged until the middle of the quarter, driven by heightened demand in crucial exporting regions, fostering positive trade momentum in northern markets. This upswing, however, resulted from a intricate interplay of shifting supply and demand dynamics, inflation in input costs, and…
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Added by Ganesh Kumar on November 29, 2023 at 2:25am —
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For the Quarter Ending September 2023
North America
During the third quarter of 2023, the pricing trend for Potassium Sorbate in North America exhibited a steady decline, punctuated by a slight uptick in August 2023. Beginning in July and aligning with the weakening trend from the preceding month, prices steadily decreased, mirroring the market sentiments of its upstream feed, Sorbic Acid, throughout July. The local suppliers, exercising caution due to weakened end-user demand in…
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Added by Ganesh Kumar on November 29, 2023 at 1:52am —
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For the Quarter Ending September 2023
North America
In the third quarter of 2023, the fluctuating dynamics of Coconut Oil prices in North America, particularly the United States, reflected a blend of market sentiments. Prices surged through mid-Q3, driven by increased demand in major exporting regions, sustaining positive trade momentum in northern markets. This upward trend, however, was intricately linked to a complex interplay of economic factors, input-cost inflation, and…
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Added by Ganesh Kumar on November 28, 2023 at 4:12am —
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For the Quarter Ending September 2023
North America
Throughout the third quarter of 2023, Mustard oil prices in North America mirrored the market trends observed in the APAC region, showcasing an optimistic pricing trajectory. The continuous growth in demand within the downstream sector, coupled with heightened interest from the regional market, maintained a positive pricing momentum throughout the quarter. The substantial decrease in inventory levels further bolstered strong…
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Added by Ganesh Kumar on November 28, 2023 at 3:26am —
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